U.S. Ethereum spot ETFs saw $112.95 million net outflows yesterday… six consecutive trading days

Source
Suehyeon Lee

Summary

  • It reported that U.S. Ethereum spot ETFs have seen net outflows for six consecutive trading days.
  • The total net outflow the previous day was $112.95 million, with BlackRock's ETHA seeing $140.98 million in outflows.
  • By contrast, Fidelity's FETH, 21Shares' CETH, and Grayscale Mini ETH each saw small inflows.
Photo=TraderT
Photo=TraderT

Net outflows continue in U.S. Ethereum (ETH) spot exchange-traded funds (ETFs).

On the 6th (local time), according to TraderT, the total net outflows from U.S. Ethereum spot ETFs the previous day amounted to $112.95 million (about 163.2 billion won). This marks six consecutive trading days of net outflows.

On that day, BlackRock's ETHA saw $140.98 million withdrawn, driving the overall outflows. By contrast, Fidelity's FETH saw $3.45 million inflows, 21Shares' CETH saw $520,000, and Grayscale Mini ETH saw $24.06 million inflows. The remaining products had no net flows.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?